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    Bitcoin 5 week seminar by Chaincode Labs: Bitcoin and Lightning Protocol Development Education

    August 31, 2021

    Bitcoin 5 week seminar by Chaincode Labs: Bitcoin and Lightning Protocol Development Education

    5 week seminar by Chaincode Labs: Bitcoin and Lightning Protocol Development Education

    Posted: 26 Aug 2021 02:43 AM PDT

    Daily Discussion, August 31, 2021

    Posted: 30 Aug 2021 10:05 PM PDT

    Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

    If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

    Join us in the r/Bitcoin Chatroom!

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    First-ever Bitcoin commercial made by a national government

    Posted: 30 Aug 2021 02:55 PM PDT

    My new Avalon 1166 pro 78ths delivered in India

    Posted: 30 Aug 2021 09:48 AM PDT

    1 week until BTC becomes legal tender in El Salvador.

    Posted: 30 Aug 2021 11:49 PM PDT

    Do you think that it will become more bullish when the day arrives? Would it be pumped?

    I'd love to read your theories.

    submitted by /u/Super_Discipline_690
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    Loving my new light!

    Posted: 30 Aug 2021 02:59 PM PDT

    One of New Zealand's largest power companies to mine Bitcoin with surplus energy

    Posted: 31 Aug 2021 03:10 AM PDT

    Death pro tip : before dying, if you have no heir or nothing to give them, go full debt and buy btc

    Posted: 30 Aug 2021 08:02 AM PDT

    Then you can donate to the charity of your choice...or just delete the seed and give a donation to all holders by reducing the total supply available.

    It's worth doing something good before dying, no ?

    What are your thoughts on this ?

    Edit : of course it works for suicidal or just people planning to disappear.

    Edit 2 : hahaha so much love and hate from all sides. I'm drinking hate while chilling in love and hugs. Thank you all for your involvement. Happy to see this idea made a lot of reactions.

    submitted by /u/jojothehodler
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    Fidelity forecasts $ 100 million per bitcoin by 2035 | Cryptocurrency News Room

    Posted: 30 Aug 2021 01:19 PM PDT

    That is quite a forecast by Fidelty. Hope it comes true.

    submitted by /u/bitcoin-bull
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    My Masters level Finance professor used the tulip mania FUD

    Posted: 30 Aug 2021 08:59 AM PDT

    This happened last semester during a Zoom class. By the end of the semester we started to have more fun in class and make jokes about GME and crypto, but on a serious note my professor told everyone in class to look up tulip mania if they are thinking about buying bitcoin.

    3-4 years ago during the first 10,000 break people were throwing this around left and right and I even have comment history from that time arguing with people about it lol.

    It's just amazing to me that well established, highly successful people in the world of Academia and finance could be this astonishingly misinformed. Just sharing to let you know how early we still are.

    submitted by /u/Orfgorf
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    Why Bitcoin matters for human rights, in 2 minutes. By Alex @gladstein

    Posted: 30 Aug 2021 12:26 PM PDT

    Man robbed of 16 bitcoin hunts down suspects, sues their parents

    Posted: 30 Aug 2021 04:52 PM PDT

    JPMorgan Chase Terminates Account of General Michael Flynn Over His Political Views

    Posted: 30 Aug 2021 08:52 AM PDT

    Digital inheritance and why it's important - guarantee access to your funds in case you die

    Posted: 31 Aug 2021 04:03 AM PDT

    Have you ever thought about what will happen to your bitcoin and other cryptos if you suddenly die?

    Seriously. For the last couple of years, I've learned how to keep my crypto safe from hacking and scammers, "hiding" them on cold wallets (ledger, trezor) and not keeping my assets in exchanges and all that, but what if I die and my wife and kids have no access to these funds? All my effort in trading and building up a portfolio for them will be in vain!

    Some people may say - go to a lawyer or a safe bank deposit and store your keys and ledger, and you're good.

    But I want a more efficient way to guarantee that my family will have access to my crypto if something bad happens to me.

    So I did extensive research and found out about Digital Inheritance and a specific app called Vault12 - which allows me to invite friends and family to be the "guardians" of my vault and therefore guarantee access to my funds in case I'm not here anymore.

    I think this is a smart and fast solution to guarantee immediate access to the funds since Vault12 let me choose who will inherit my entire portfolio of digital assets stored in a secure Vault once the time comes, eliminating undue risk and the need to update an inventory or continually issue updated instructions.

    My wife and my closest friends (people I can really trust) are not crypto versed, so I thought that teaching her how to use this app would be much simpler (and it actually was) and now I know that in case I'm not here anymore my kids are covered.

    Do you guys use any other digital inheritance solutions? What other options do we have?

    submitted by /u/Guigamuck
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    Every Wednesday there is a hosted Bitcoin Core Pull Request Review Club on IRC. All welcome to join. Tomorrow's topic: policy: extract RBF logic into policy/rbf

    Posted: 31 Aug 2021 02:11 AM PDT

    Substack to accept Bitcoin Lightning payments

    Posted: 31 Aug 2021 12:52 AM PDT

    Example of how early we are

    Posted: 30 Aug 2021 01:26 PM PDT

    First a little backstory: I've been trying to source an Xbox series X for like 3 months but I keep missing out on the drops. I finally caved and decided to pay over retail to a scalper just because I had probably $100 worth of my time into just trying to find one.

    So I messaged a couple of people on FB marketplace and put up an ad in the local reddit classified saying I would pay 650 cash or 700 in Bitcoin. Multiple people called me a scammer, and the guy I finally made a deal with took the cash. I mean he literally turned down $50 because even if he doesn't want to be a hodl'er he could sell right away.

    Guys, we are still in the "giving away free money" stage of adoption.

    Thank you for attending my TED talk. See you when Halo drops lol.

    submitted by /u/Duplicitous2
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    I remember when I was in college...

    Posted: 30 Aug 2021 05:34 PM PDT

    And citations had to be literally physical books or journals...anything from the internet was considered "unreputable", a "sham", and unreliable. I had friends who got fs, even academic suspensions for trying to cite something from the web. Now if you don't cite the internet, profs will look at you like you a caveman. Don't listen to the FUD, cryptos is the way of the future.

    submitted by /u/blazing7th
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    Wasabi Research Club #27 - Privacy Guarantees Of Wasabi Wallet 2.0

    Posted: 31 Aug 2021 12:23 AM PDT

    Stacking sats every month for almost 4 years - monthly update

    Posted: 30 Aug 2021 11:02 AM PDT

    Started to buy Bitcoin every month in October 2017. Mining fiat, buying bitcoin. I write this blog to document my progress and give a blueprint for present stackers, and future alike. No trading, no shitcoins, only bitcoin and constant grinding. You will need patience to be successful. No matter when you start, you will be at a loss at some point in time. But you need to stack through it and keep on stacking many months, many years. There's no get rich quick. BUT there is get rich slowly. You will own Bitcoin and you will be happy.

    ​

    https://er-bybitcoin.com/stacking-em-volume-14-august-2021/

    submitted by /u/jamespunk
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    Cuba’s government said Thursday in its Official Gazette that it would recognize and regulate cryptocurrencies for payments in the island nation. The country’s central bank said Friday it is drafting legislation to regulate cryptocurrency in commercial transactions and to issue licenses for provider

    Posted: 30 Aug 2021 05:46 AM PDT

    Progress pictures... Do you like it?

    Posted: 30 Aug 2021 08:18 PM PDT

    New El Salvador Bitcoin Education Channel: English Version

    Posted: 30 Aug 2021 02:28 PM PDT

    Hi Folks,

    We posted our first video last week and uploaded a version with English subtitles for your perusal:

    https://youtu.be/3WM1XN3Kyf4

    We're an education channel in El Salvador who show regular people how Bitcoin and cryptocurrency work. This video was made for people who don't understand Bitcoin. We call it the "two minute version for Grandma".

    We will release more videos to report on Bitcoin adoption in El Salvador. If you are pro-Bitcoin & are interested in subscribing - it will help us reach more people in Latin America.

    Bitcoin in El Salvador will only work if regular Salvadorans understand Bitcoin and get onboard!

    Thank you for the time.

    submitted by /u/bitcoinboys_sv
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    Drop your pride and listen

    Posted: 30 Aug 2021 12:20 PM PDT

    I consider myself very lucky. I bought several properties over the last 8 years. I did NOT understand the money supply going up, but I did understand that the low rates made payments affordable (while many argued bubble I knew the payment is what mattered).

    I remember a condo I looked at (and ended up buying) was bought at the bottom by the seller who had an all in payment of $1300 (hoa, taxes, principle/interest). That condo was renting for $1500. Literally the condo paid for itself AND generated cash flow. The market for that condo rent is now $2100 a month.

    While I got lucky, I will tell you that I had many friends that had a chance to buy and didn't. Their general response was "it's going to a crash". What the truth is that they put in little research and were frustrated because they thought they missed out. Life was fine for them, and it still is-but they missed out on massive financial gains. Many of the highest educated and also some of the highest IQ people I know have way less wealth than people I think are dufuses. Why did the dufus get rich? The dufus was willing to listen. Just like I missed out on bitcoin in 2015, and many of my friends missed out on housing, I implore you to listen.

    The moral: Don't be jealous. Put in the work and make a decision. Don't make a decision off one post, one article. Read, listen, ask questions.

    The reason I write this is because it helps me make sense. If you are not buying bitcoin, I hope you have a very good reason. I hope you have a reason to believe rates will normalize, a reason to believe the fed will stop supporting markets, a reason to believe worldwide adoption will slow down/go stagnant/reverse course, a reason to believe the fed's balance sheet will get paid down, a reason to believe debt to gdp won't keep climbing.

    I hope you have a reason to believe that it will stop at 1 S&P 500 company. I hope you have a reason to believe wealth inequality goes from widening to lessening (that the increased taxes really stop this-ha!). I hope you have a reason to believe that more billionaires will not join, and a reason to believe wealth management firms throughout America, including ones in the heartland and very conservative, will stop dipping their toes into GBTC. I hope you have a reason to believe our world is not going to continue to go digital, and a reason to believe that governments in the first world will outlaw it even though the trend is strongly showing adoption/regulation/acceptance.

    I hope you have a reason to believe that most new cell phones in the next 3-5 years will NOT come with digital wallets, and a reason to believe that the large banks will not offer bitcoin services to their customers even as they see coinbase lighting up bank statements. I hope you have a reason to believe the world will go back to the way it was, though history shows this never happens.

    The reason most will miss this is pride. People think they are smarter than they are and better than they are. As I reflect back on housing-DROP YOUR PRIDE AND LISTEN.

    submitted by /u/throwaway29801A
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    Still regrets over bitcoin...!!

    Posted: 31 Aug 2021 03:15 AM PDT

    This is my first post on reddit. wanted to share my brother's story:

    My brother used to work odd jobs in Edmonton while he was doing his masters from university of Alberta. it was back in 2010 or something. one day, owner came in excited and told them about bitcoin. everyone laughed on his face.

    After few months, owner asked them if he could pay them in BTC and everyone thought that he's scamming them. everyone refused except few (later most of them sold when they got 50% profit and bragged about it lol)

    My brother was getting 5 BTC which he refused. Later came back Pakistan. He regrets to this day. back here he could have bought a house with today's value.

    Last month he tried to contact the owner, Owner told him that at that time, he distributed 73 bitcoins and now he have only 5 of them left. Owner was ruing the days he was giving them cheap lol.

    submitted by /u/jawad915
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    Will Bitcoin Save El Salvador?

    Posted: 31 Aug 2021 01:45 AM PDT

    Bitcoin is the beginning of a Type I civilization

    Posted: 30 Aug 2021 10:17 AM PDT
    Read more
    at

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